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MARKET DEVELOPMENT  
  07-03-2012

Palm Oil: A Quick Response Needed For Malaysia To Win Back Orders

07/03/2012 (The Malaysian Insider) - Malaysia, the world’s No.2 palm oil producer, needs to address Indonesia’s export tax changes to win back orders from the world’s top supplier or stocks will rise and bring prices below RM2,500 (US$830), an industry official said today.

MARKET DEVELOPMENT  
  06-03-2012

VEGOILS-Palm Oil Eases Ahead of Key Price Outlook Meeting

06/03/2012 (Reuters) - Malaysian crude palm oil futures slipped on Monday as traders await a key price outlook meeting in Kuala Lumpur this week at which analysts are expected to paint a bullish picture for the sector.

MARKET DEVELOPMENT  
  06-03-2012

Palm Oil Seen Rising 8% to Year High as Drought Wilts South American Crops

06/03/2012 (Bloomberg) - Palm oil may advance 7.8 percent by mid-April to the highest level in a year as cooking-oil demand outstrips supply, according to TransGraph Consulting Pvt. Chairman Nagaraj Meda, who has forecast prices for 13 years.

MARKET DEVELOPMENT  
  06-03-2012

Palm Oil Declines for Second Day on Concern Demand Is Slowing

06/03/2012 (Bloomberg) - Palm oil fell for a second day in Malaysia on speculation that demand from importers, including Pakistan, may continue to slow in the near term.

MARKET DEVELOPMENT  
  06-03-2012

Get Ready For Radical Resolutions At Roundtable On Sustainable Palm Oil’s General Assembly

06/03/2012 (The Star) - About four months back, the eighth General Assembly (GA8) of the Roundtable on Sustainable Palm Oil (RSPO) grouping in Kota Kinabalu, Sabah was declared invalid after protests by some members that the GA8 was carried out without a quorum.

MARKET DEVELOPMENT  
  06-03-2012

Malaysian Palm Oil Eases

06/03/2012 (Business Recorder) - Malaysian crude palm oil futures slipped on Monday as traders await a key price outlook meeting in Kuala Lumpur this week at which analysts are expected to paint a bullish picture for the sector.

MARKET DEVELOPMENT  
  06-03-2012

Palm Oil Consumption To Double This Year, Says RSPO

06/03/2012 (Bernama) - The Roundtable on Sustainable Palm Oil (RSPO) foresees total global sustainable palm oil consumption to double this year from five per cent last year, given the increasing demand and awareness.

MARKET DEVELOPMENT  
  06-03-2012

CPO Futures Expected To Be Steady This Week

06/03/2012 (The Star) - The crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives will remain steady this week with the spotlight on the Bursa Malaysia Palm Oil Conference (POC) here, dealers said.

MARKET DEVELOPMENT  
  06-03-2012

Inaugural Report Shows Impressive Uptake of RSPO-Certified Sustainable Palm Oil in 2011

06/03/2012 (PR Newswire) - Multi stakeholder initiative, the Roundtable on Sustainable Palm Oil (RSPO) reported unprecedented growth for Certified Sustainable Palm Oil (CSPO) in the year 2011 as accounted for in its inaugural qualitative review entitled "2011 RSPO CSPO Growth Interpretation Narrative" (2011 GIN). The 2011 GIN, the first of its kind for any sustainable commodity, will be an annual report aimed at recording and analysing the growth and trends of RSPO and CSPO in the global marketplace.

MARKET DEVELOPMENT  
  06-03-2012

Expect CPO To Trade Sideways To Up: Nirmal Bang

06/03/2012 (MoneyControl.com) - Nirmal Bang has come out with its report on agri commodities. As per the research firm outlook for Soybean is seen up for the day and CPO is expected to trade sideways to up.

MARKET DEVELOPMENT  
  06-03-2012

Accusations Made by the US on Biodiesel Deemed Weak

06/03/2012 (TEMPO Interactive) - The government and national palm oil industries are ready to respond to the negative environmental campaign allegedly conducted by the US. “We will be sending our written response this week,” Fadhil Hasan, chairman if the Indonesian Palm Oil Producers Association (Gapki), to TEMPO on Sunday.

MARKET DEVELOPMENT  
  05-03-2012

Sustainable palm oil body to release inaugural Growth Interpretation Narrative this week

05/03/2012 (The Star Online), Kuala Lumpur - The Roundtable on Sustainable Palm Oil (RSPO) grouping this week will release its inaugural annual 2011 RSPO Certified Sustainable Palm Oil (CSPO) Growth Interpretation Narrative (2011 GIN) report, which contains critical guidelines on the palm oil fraternity's sensitivity and influence towards sustainability since the RSPO started the certification of CSPO in 2008.